Saudi Entertainment Ventures, a unit of Qiddiya Investment Company, has announced the opening of its second leisure destination, SEVEN Tabuk, an indoor, all-weather entertainment hub in the kingdom, following the launch of its inaugural destination - SEVEN Abha - in the kingdom.
Saudi Ceramics Company, a leading player in the building materials sector, has announced the opening of its newest showroom in the kingdom's Western Province in Jeddah. With this launch, the total number of the Saudi firm's retail showrooms across the kingdom has now risen to 70.
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced two key promotions in managerial section - S. Abbas S. Baqer has been named Manager Calciner & Marine, while Ali Aseeri has been elevated to the post of Manager Engineering & Projects.
LAVA (Laboratory for Visionary Architecture), a global network practice with bases in Germany and Australia, has been appointed Custodian of the Expo 2030 Riyadh Master plan, thus marking a significant new phase as the project transitions into detailed design and implementation stage.
Qassim Cement Company has signed an agreement with the Saudi Industrial Development Fund (SIDF) to secure key funding for the construction of a fourth production line at its Buraydah plant that will help replace certain production lines and boost its capacity to 10,000 tonnes per day.
Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has won a key contract worth $1.8 billion to provide engineering, procurement, construction and installation (EPCI) services for an offshore project in the Middle East.
Spanish engineering and construction company Técnicas Reunidas has secured a Letter of Intent (LOI) for a $1.65 billion contract to build onshore gas facilities for a major gas field development in the Middle East, thus strengthening its position in the region's energy infrastructure market.
The Saudi Power Procurement Company (Principal Buyer) has extended the deadline for submitting RFQs for the third round of conventional IPP projects, based on combined cycle gas turbine technology, to August 23. These projects will be developed under the build-own-operate (BOO) model.
Saudi Energy (formerly the Saudi Electricity Company) has announced the signing of an agreement to deliver electricity supplies to the Expo 2030 Riyadh site, thus marking a key step in the project's continued progress as it moves into the development phase toward hosting the gala World Expo event.
Bahrain's Eskan Bank has invited bids from leading contractors for Madinat Salman Community Development Phase II project. The projects cover a central market, a supermarket and a sports facility - featuring two football fields and two drive-through buildings - with a combined BUA of 5,231 sq m.
